1994 Massachusetts AVENUE

1994 Massachusetts AVENUE Englewood, Florida 34224 United States

This income producing property includes 4 structures. 2 duplexes, all 1 bed, 1 bath. 1 single family cottage with 2 beds, 1 bath. 1 Triplex with a 1 bed, 1 bath unit and 2 efficiencies. The two duplexes are renting for $1075 to $1195/month and tenant pays the water, sewer, electric and cable. The single-family cottage is rented for $1495/month and tenant pays electric amp; cable, water amp; sewer. The triplex 2 efficiencies rent for $1000 amp; $1300/month, the 1 bed/1 bath unit pays $1300/month and owner pays water, sewer amp; electric (no cable). There is a separate laundry facility with a washer amp; dryer on the premise. Owner has a storage shed onsite for tools, lawn mower, etc. Property generates $9640.00/month Cap rate is 7.1 City water amp; sewer, no assessments. Property is right up the street from the Intercoastal.

Source : MFRMLS DBA Stellar MLS

Listing Courtesy of STARLINK REALTY

IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. The MLS may, at its discretion, require use of other disclaimers as necessary to protect participants and/or the MLS from liability.